Air Products Announces Gases Projects in Russia

7:50 AM MST | March 2, 2012 | Ian Young

Air Products has announced plans to build and operate an oxygen, nitrogen, and argon liquefier and establish a cylinder gases depot at Krasny Sulin in the Rostov region of Russia. The liquefier will have a capacity of more than 200 m.t./day. The combined investment will be more than $30 million, and the liquefier and packaged gases depot are each due to start operating in early 2014. The Rostov region has a well established manufacturing base, Air Products says. "We are continually looking for opportunities that allow us to strengthen our position in growth...